Adnoc boss warns against halting oil investment
04/11/2022 by Mark
The CEO of the Abu Dhabi National Oil Company (Adnoc), Sultan Ahmed Al Jaber, has warned that continued investment in oil projects is needed to maintain the current level of global oil production and ensure…
BP makes improvements in North Sea operations
03/11/2022 by Mark
Together with its partners, BP has been making a series of improvements to its North Sea operations with the aim of increasing gas supply to the UK and reducing greenhouse gas emissions.
Shell signals willingness to pay more taxes
03/11/2022 by OilStoreAdministrator
As Shell posted third-quarter profits of $9.5 billion, its CEO, Ben van Beurden, said that it was ready to embrace higher taxes. He pointed out that with companies like Shell benefitting from high oil and…
Which lubrication is suitable for high load-bearing machinery?
02/11/2022 by Katie
High load-bearing machinery must cope with strong impacts and pressures, and often limiting conditions when it comes to lubrication. As a result, specialist solutions are carefully formulated using customised base oils and specific additives.
IEA: Energy-related carbon emissions to peak in 2025
02/11/2022 by Richard
The International Energy Agency (IEA) has predicted that carbon emissions resulting from energy generation will peak in just a few years in what it calls a “historic turning point”.
Shell to acquire Europe’s largest producer of renewable gas
02/11/2022 by OilStoreAdministrator
Energy major Shell has come to a deal worth £1.66 billion to buy the entirety of Danish firm Nature Energy, which is Europe’s largest producer of biogas.
What are the two main lubricants used in most motor vehicles?
01/11/2022 by greg
From cars and trucks to vans and motorcycles, vehicles of all kinds require dedicated lubricants to keep them in excellent working order.
ExxonMobil makes yet more discoveries offshore of Guyana
01/11/2022 by Mark
In what has become a regular occurrence, the US-based energy major ExxonMobil has made two further discoveries in the Stabroek block off the coast of Guyana. According to the company, the drillship Stena Carron drilled…
What is the thickest oil I can put in my car?
31/10/2022 by Mark
Engine oils are available to buy with a wide range of different levels of viscosity or thickness. As a rule, the engine oil that you should use in your vehicle will be dictated by its…
Formula 1 driver credits ExxonMobil for racetrack success
31/10/2022 by OilStoreAdministrator
Sergio Perez, one of the drivers for the Red Bull Formula 1 team, has highlighted the role that its technology partner ExxonMobil has played in helping the team to win on the racetrack, describing it…
Saudi Arabia signals willingness to supply more oil if needed
30/10/2022 by Katie
Prince Abdulaziz bin Salman, the energy minister of Saudi Arabia, has defended the recent controversial production cuts by the OPEC+ group, while signalling that his country stands ready to increase production again if upcoming sanctions…
What type of lubrication is used in modern cars?
30/10/2022 by Katie
The latest cars coming off the production line from leading automakers are designed with engines optimised for efficiency, performance and active service life. However, to keep engine components protected and able to move freely, a…